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PSE Circular for Brokers No. 688-99

PSE Circular for Brokers No. 688-99 • Philippine Stock Exchange • Circulars for Brokers • Apr 7, 1999

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April 7, 1999 PSE CIRCULAR FOR BROKERS NO. 688-99 PHILIPPINE STOCK EXCHANGE PSE, Centre Exchange Road Ortigas Center, Pasig City Attention: Mr . Reynold Ong / VP Listing and Disclosure Group Gentlemen : Please be informed that during the regular meeting of the Board of Directors of Union Bank of the Philippines ("UBP") held on March 26, 1999, the Board approved the record date to be on April 19 , 1999 for Stockholders entitled dividend of twelve centavos (P0.12) per share distribution or an amount to cash equivalent to P63,126,283.20 to shareholders of UBP. LexLib Payment date is not to exceed 18 trading days from the record date. For your information and guidance. CASH DIVIDEND UPDATE CASH P0.12 PER SHARE EX-CASH APRIL 13, 1999 RECORD DATE APRIL 19, 1999 DATE PAYABLE NOT TO EXCEED 18 TRADING DAYS FROM RECORD DATE Very truly yours, (SGD.) ATTY. FE B. MACALINO First Vice President; Chief Compliance Officer and Corporate Secretary

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